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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Richmond at 450 Seaside Sparrow Way, Richmond, TX, 77469 with 5% annual appreciation on a $695,000 basis while $3,689/mo rent supports operations. 57% in year one. Equity gained on principal adds $4,485/yr, and five-year appreciation sums $192,016 alongside rental yield of 6.37%. Five-year ROI measures 65.03% and total cumulative return in cash totals $148,686. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,689/mo property income versus a $3,402/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.26 Acres lot
$N/A/sqft
$520 quarterly HOA
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,583 (100%) |
| Owner Occupied HU | 20,528 (71.8%) |
| Renter Occupied HU | 5,709 (20.0%) |
| Vacant Housing Units | 2,346 ( 8.2%) |
| Median Home Value | $366,886 |
| Average Home Value | $418,861 |
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $695,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | $3821.99 | 3.42% | $656,389 | 10.00% |
| 2023-03-16 | $3695.50 | -40.51% | $596,717 | 10.00% |
| 2022-03-16 | $6212.11 | 2.87% | $542,470 | 10.00% |
What's Special
Radiant Attic Barrier
Listed by: Stella Lee - Cordova • NB Elite Realty
Mls Name: HAR
Mls Provider:
Mls ID: #81153351
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